Socialist Youth leaflet – Available as PDF here.
• AID: Of the $60 billion that was pledged for third world countries at the recent G8 summit only $3billion was new money pledged – These are the same leaders that spend $1 trillion annually on the arms trade.
• ENVIRONMENT: Despite the continuing destruction of our environment, the G8 said that they would only ‘consider’ reducing carbon emissions.
• FAIR TRADE: African goods still face enormous tariffs when they try to export goods to places like Europe and America.
• WAR ON IRAQ: Bush and Blair have spent billions on the war in Iraq that has resulted in the death of over 650,000 Iraqis and has forced millions to flee their homes.
G8 and capitalism mean:
• GLOBAL INEQUALITY: 1 billion people worldwide have no access to clean water while the super rich buy designer deodorants worth $30,000 a pop!
• AIDS EPIDEMIC: In some parts of Africa one third of young adults will die of the aids epidemic, major pharmaceutical companies have blocked the production of cheap generic drugs to combat aids which would reduce their cost from $10,000 to $150.
• “FREE TRADE”: In 2003 $4 billion was given to 28,000 big US cotton farmers – This is more than the GDP of the African country Burkino Faso which has 2 million cotton farmers
• ENVIRONMENTAL DESTRUCTION: The G8 leaders have failed to achieve the limited targets for cuts in carbon emissions set out by the Kyoto Treaty. One scientist has claimed it would take the equivalent of 30 Kyotos to deal with global warming!
Kevin Carter, a white South African photographer, won a Pulitzer Prize for this photo of a vulture stalking a sudanese baby during the famine. No one knows what happened the child as Carter left the place as soon as the photo was taken. Three months later, Carter committed suicide. Is any more evidence needed as to the brutal reality of capitalism?
The G8 is a club made up of the most powerful capitalist countries worldwide. Under the pressure of ordinary working and young people its leaders were forced two years ago to give commitments to resolve the desperate poverty facing Africa. 250,000 marched in Edinburgh under the slogan ‘Make Poverty History’.
However, the above facts speak for themselves. Even Bob Geldof and Bono were forced to describe the recent G8 summit in Rostock in Germany as a ‘total farce’. They have no intention of resolving the desperate problems of poverty and environmental destruction faced by the majority of the world’s population. The 80,000 people who came to protest against the G8 this time did so to oppose not only their policies but their lies and broken promises as well.
Why won’t the G8 ‘make poverty history’?
Today the top 500 companies gloablly control 70-80% of world trade. These are privately owned and controlled by those who enrich themselves with vast profits at the expense of the needs workers and poor people internationally. This capitalist system leads to war, horrific poverty and is threatening the very existence of humanity itself. G8 leaders like Bush, Blair and Putin are only interested in helping these companies exploit the resources of the‘third world’ as opposed to helping the people who live there. It is this reason and not simply because of a lack of‘political will’(as Bono and Geldof would have us believe) that explains the inaction of the G8 on issues like third world debt, fair trade and aid.
What is the socialist alternative to the capitalist profit system?
Socialist Youth and the Socialist Party participated in the recent protests against the recent G8 summit in Rostock. We reject the that idea celebrities like Bono and Geldof have put forward in the past that the G8 can be used as a force for good.
Workers and young people should be organised internationally in a movement that can oppose the attacks on their living standards and fight for a democratic socialist society. Such a society would bring into democratic public ownership and control the 500 companies that control the world economy.
On this basis it would be possible to prioritise the needs of people and end global inequality through democratic socialist planning of the economy. If you agree with our ideas then join Socialist Youth today.